Lease Extensions in Oxford

Oxford Lease Extensions Example Support Desk Enquiries

40k agreed with the freeholder, just attempting to find a Oxford for a lease extension. Our lease has around 64 yearsleft. Can you please help us with this situation ?

I have got a leasehold flat in the Oxford area and was enquiring if I could obtain a lease extension. What are your processes and fees. Has 65 years outstanding

I'm about to make an offer on a house in Oxford but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nationwide Building Society giving us the mortgage now?

I am going to purchase a flat located in Oxford. My offer is conditional upon a lease extension. The homeowner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I'm looking for a flat to buy in Oxford and I'm not really familiar with the leasehold concept. I've identified a ground floor flat I like with a 90 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?

I am a FTB of a leasehold flat in Oxford. The lease has only 69 years balance left and ground rent is £95. Is it possible for the current owner to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the current owner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.

I am concerned that my daughter might have had the wool pulled over her eyes. She submitted an offer on a three bed flat in Oxford, where the lease is nearon 59 years but she was advised by the selling agents that the vendor had extended it to 125 years. Only now has she been told the homeowner was holding off for her to appoint lawyers before commencing with the lease extension. Seems devious, also it may take time to sort it all out. What do you think?

My nephew has a share of freehold, with two other leaseholders in a building in Oxford. House split into three apartments. He has a lease, which has nearly 70 yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

We have been in discussion with our freeholder after having a valuation on our studio flat in Oxford. We have a sixety three year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

I am currently negotiating a lease extension for my flat in Oxford as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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